Be a Wise Investor

W arren Buffett| Net worth - USD 87.3 billion| CEO and largest shareholder of Berkshire Hathaway Warren Buffett continues to be one of the richest in the world. The firm has stakes in Coca-Cola, American Express and Wells Fargo, among other profit-making firms Here are five quotes of the great investor – Warren Buffett that may help you to create wealth in long term When stock markets turn volatile many investors find it difficult to stay the course. Some investors want to sell off and want to hoard their cash. Some prefer to start buying the stocks that are falling the most. But such knee-jerk reactions may not create wealth for you. Here are five thoughts of Warren Buffett that may guide you in your investment actions in such volatile times. It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. Quality matters. Just because a company has fallen 20% from its 52 week high does not make it a great value buy. Do check the...

RIL rallies over 2% post Q3 results; brokerages see up to 18% upside in 12 months Reliance Industries Ltd   (RIL) rose as much as 2.5 percent in morning trade on Monday, after the oil & gas major reported a consolidated profit growth of 16.2 percent QoQ (25.1 percent year-on-year) at Rs 9,423 crore for October-December quarter, driven by petrochemical and Jio businesses. Consolidated revenue from operations during the quarter grew 7.8 percent quarter-on-quarter (21.75 percent YoY) to Rs 1,02,500 crore, aided by volume increase with the start-up of petrochemicals projects and increase in prices in refining and petrochemical businesses. Most brokerages maintain their buy recommendation on the stock but raised their 12-month target prices to Rs1125 levels which translate into a rise of 18 percent from current levels. CLSA: BUY| Target raised to Rs1125 from Rs1080 CLSA maintains a buy recommendation on RIL but raised a target price to Rs1125 from Rs1080 levels. T...

India Prime Minister Narendra Modi during the inauguration of a section of Delhi Metro in Noida, 25 kms east of New Delhi on December 25, 2017. India is set to emerge as the world's fifth largest economy by overtaking Britain and France, a report by a global forecaster showed on Tuesday. And, India will emerge as the world's third largest economy by 2027, the report by the Centre for Economics and Business Research (Cebr) said. "The World Economic League Table shows that despite temporary setbacks from demonetisation and the introduction of the new GST, India's economy has caught up with that of France and the UK and in 2018 will overtake them both to become the world's fifth largest economy in dollar terms," Cebr deputy chairman Douglas McWilliams said. India is projected to surpass Britain to become the world's fifth largest economy in 2018.Source Forbes "On some cost of living adjusted measures India is already the world...

A big challenge for financial planners is to deal with instances of people dying too young. A bigger challenge is when people live too long. However, the biggest challenge is when they retire too young and live too long. Let me explain. Earlier, it was normal for people to work till 60 and live till about 75. They had to plan for only 15 years of retirement. Today, many of my clients ask me if they can retire at 45. However, the average lifespan of men and women has increased. They say that the person who will live till age 150 is already born. So how does one plan to have a working lifespan of 20-25 years and a retirement lifespan of 50 years? People who have successfully' retired have set themselves a clear path towards this goal, which involved meticulous planning. These people have chosen to be free from worries about whether they are in or out of favour with their bosses, whether they will get that big salary hike, or whether they can retain their jobs next year. It...

Last day for linking Aadhaar with PAN; govt may extend deadline and Know "How to link Aadhar with PAN" "NEW DELHI: Ahead of the August 31 deadline of linking  Aadhaar  with  PAN (Permanent Account Number), reports have emerged about the extension of deadline. News agency PTI, quoting a source, reported that the Finance Ministry is likely to decide on the matter on Thursday. "The government will decide tomorrow if the deadline for PAN-Aadhaar linking will be extended," the source said on Wednesday. However, earlier this month,  UIDAI  CEO Ajay Bhushan Pandey had said that tax payers will have to link their PAN with Aadhaar by the stipulated deadline as the Supreme Court verdict on privacy has no bearing on the requirement." Source: Times of India How To link Aadhar With PAN Follow these Steps: 1- Get Aadhar and pan card ready in your hand and click on this link https://www.incometaxindiaefiling.gov.in/e-Filing/Services/...

Benefits of investing in this holy season   Good time to start   Ganesh   Chaturthi  is a festival of  Lord  Ganesha  is also called as “ Vighnaharta ” or the remover of all troubles ,  marks the beginning of  festival season, up to  Diwali . This period is considered as an auspicious time  for making right investment.  Thus, you can start thinking about  Financial Planning   with the blessing of Lord  Ganesha .   Take a step towards  Creating  Wealth    You can start Investing with as low as Rs.500 a month  systematically thr ough  SIP  (Systematic Investment Plan) plans.   Regular monthly investments can lead to a huge corpus in long run without being worried about taxes on returns.   Illustration * :   SIP  started in the  Same  month 10 years Ago.     Source:  valueresea...